|Filed Under:||Business & Finance / Economics|
|Posts on Regator:||903|
|Posts / Week:||2.4|
|Archived Since:||June 7, 2008|
As long-time readers of this blog know, I have long advocated greater use of Pigovian taxes, such as taxes on carbon emissions. Such taxes can correct incentives by aligning private and social costs, and the revenue from such taxes can...Show More Summary
From this collection of Milton Friedman quotations, here is one I had not heard before:“I do not believe that the solution to our problem is simply to elect the right people. The important thing is to establish a political climate of opinion which will make it politically profitable for the wrong people to do the right thing. Show More Summary
A common meme is that workers aren't benefiting from productivity growth. Robert Lawrence says, not so fast. You can watch a video of him explaining this here.
No, says Marty Feldstein. I made similar points in this old post. According to the IGM Panel, most economists agree.
Click here to read my piece in this coming Sunday's NY Times Book Review.
Click here to read my column in Sunday's NY Times.
Click on graphic to enlarge ?
I am delighted to report that I am no longer chairman of the Harvard economics department. My three-year sentence term having been completed, I am happy to turn things over to David Laibson. Condolences Congratulations, David.
With the problems in Greece now leading the news, this old article by the great Milton Friedman is worth (re)reading. (Martin Feldstein made similar arguments at the time in this article.)
I recently had the pleasure of seeing several films at the Nantucket Film Festival. My favorite was Best of Enemies, a documentary about the TV debates between William Buckley and Gore Vidal during the 1968 presidential nominating conventions. It is being released later this month. Here is the trailer:
I happened to be flipping through another introductory economics textbook. (Yes, some people have the temerity to try to compete with my favorite textbook.) I noticed an error that is, unfortunately, all too common in how introductory economics is taught. Show More Summary
My friend Anil Kashyap summarizes what's been happening.
A great read from Roger Lowenstein.
I just got back from Utah, where I was one of the speakers at a conference that has been dubbed "Club Mitt." One of the other speakers--this one a politician rather than a nerdy academic like me--spoke about the need to reauthorize the Export-Import Bank. Show More Summary
From ec 10 section leader to...(a few other jobs along the way)...to Dean of the Kennedy School. I am delighted that Doug Elmendorf will be returning to Harvard.
Click on graphic to enlarge.
If so, click here.
An interview with my Harvard colleague.
Warren Buffett has a great article in the Wall Street Journal.